Author: jimmy

From Austerity to Prosperity: Why I’m Running for California State Treasurer in 2014

What could California do with $155 billion in interest-free credit? One possibility would be to refinance its ominous “wall of debt” at 0%. A debt that is interest-free can be rolled over indefinitely without cost to the taxpayers.

Another possibility would be to fund public projects interest-free. Eliminating interest has been shown to reduce the cost of public projects by 35% or more.

Banking Union Time Bomb: Eurocrats Authorize Bailouts AND Bail-Ins

the real story for taxpayers and depositors is the heightened threat to their pocketbooks of a deal that now authorizes both bailouts and “bail-ins” – the confiscation of depositor funds. The deal involves multiple concessions to different countries and may be illegal under the rules of the EU Parliament; but it is being rushed through to lock taxpayer and depositor liability into place before the dire state of Eurozone banks is exposed.

From Libya to Ukraine

On the off-chance you have not been paying attention for the last couple of weeks, the US State Department, led by Assistant Secretary of State Victoria Nuland, embarked on and succeeded in an overthrow of the legitimately elected government in Ukraine.

Western Unity Against Russia a Masterpiece of Illusion

When US President Barack Obama opened his tour of Europe this week it had the unmistakable choreography of a scripted set piece: lights, camera, action etc. The storyline is a familiar trope. America, the shining beacon of democracy and human rights, comes to the rescue of European damsels in distress just before they are ravaged by bestial European recidivism for war.

Why The EU Won’t Annex Ukraine

Moscow does not have to “annex” or “invade” anything; it just needs to sit back, relax and watch the West manage its self-created mess. Apart from fiery NATO rhetoric and that only slightly relevant signing in Brussels last Friday, there are few indications so far the “lost in its own pivots” US and a beleaguered EU have the ability, the willingness and the necessary commitment to support the Kiev regime changers all the way.

Russian sanctions as war and farce

Well over 60% of Americans and Europeans are against a New Cold War against Russia. Putin’s approval rating in Russia is around 75% – and arguably similar all across the developing world. Still, no one will lose money betting on the juvenile amateurism of the Obama administration.

Ukraine’s Mysterious Snipers

We may never know who hired the snipers who handed Ukraine over to a gaggle of assorted fascists, corrupt oligarchs, and their CIA backers. Yet we don’t need receipts to figure it out. Although asking “Qui bono?” isn’t always enough to draw a conclusion in such instances, in this case it most certainly is.

And here’s an intriguing question: what did the US government – whose spies are no doubt crawling all over Ukraine – know about the mysterious snipers, and when did it know it?

Syria’s Recent Victories Betray Last Year’s WMD Lies

As the West pursues a dangerous confrontation with Russia via the Eastern European nation of Ukraine and the newly independent region of Crimea, the global public must recall how events like the August 2013 Damascus “chemical attack” were insidiously executed, lied about, and eventually buried when their political capital was spent.